Banking & Finance
Equity partners acquire Pereles Bros. Inc.
Pereles Bros. Inc., a Milwaukee-based plastic injection molding company, has been was purchased through an equity buyout by business partners Steve Iram and Jim Gannon.
Publicly traded banks are healthy
The overall financial health of 289 publicly traded banks in the United States improved in the past year, according to a new national study.
Bank of Kenosha CEO lands at Talmer
Gary Hutchins has been named managing director, commercial relationship manager at Talmer Bank and Trust in Kenosha.
North Shore Bank completes Bank of Kenosha conversion
Brookfield-based North Shore Bank has completed its conversion of the former Bank of Kenosha offices.
U.S. Bank launches Asociados small business program
U.S. Bank and the Hispanic Chamber of Commerce of Wisconsin have introduced a loan referral program called “Asociados” in an effort to increase chamber businesses' access to lending.
Sentry Equipment acquires Texas company
Oconomowoc-based Sentry Equipment Corp, a worldwide supplier of industrial sampling products and systems, has acquired the assets owned by Accurate Tool Company, based in Kilgore, Texas.
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State sends out notifications about insurance changes
Gov. Scott Walker's administration sent letters to an estimated 92,000 Wisconsinites today, notifying them that they no longer will be eligible for health care insurance coverage through the state's BadgerCare Plus program.
Ridgestone Bank reports record earnings
Brookfield-based Ridgestone Financial Services reported record earnings during the first six months of 2013, with a net income of $4.2 million, up from $219,000 for the first six months of 2012.
Case is new CFO of Annex Wealth Management
Melissa Case has been named chief financial officer of Elm Grove-based Annex Wealth Management.
Roadrunner makes another acquisition
Cudahy-based Roadrunner Transportation Systems Inc. has acquired substantially all of the assets of YES Trans Inc., a refrigerated truckload service provider based in Salisbury, Mass.
